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9. The manager of a hardware store wants to estimate the average amount of purchases made at the store. The margin of error of the
9. The manager of a hardware store wants to estimate the average amount of purchases made at the store. The margin of error of the estimate should not exceed $8.00 at the 95% confidence level. The manager does not know the standard deviation of the amounts, but he expects it to be about $50.00. What size sample should he have?
a) 151
b) 106
c) 150
d) 110
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